Ab Select Longshort Fund Quote
| ASLAX Fund | USD 15.54 0.02 0.13% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Ab Select is trading at 15.54 as of the 25th of November 2024; that is 0.13% up since the beginning of the trading day. The fund's open price was 15.52. Ab Select has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Ab Select Longshort are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. More on Ab Select Longshort
Moving against ASLAX Mutual Fund
ASLAX Mutual Fund Highlights
| Fund Concentration | AllianceBernstein Funds, Large Blend Funds, Long-Short Equity Funds, Long-Short Equity, AllianceBernstein, Large Blend, Long-Short Equity (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 31st of October 2022 |
| Fiscal Year End | June |
Ab Select Longshort [ASLAX] is traded in USA and was established 25th of November 2024. Ab Select is listed under AllianceBernstein category by Fama And French industry classification. The fund is listed under Long-Short Equity category and is part of AllianceBernstein family. This fund presently has accumulated 1.45 B in assets under management (AUM) with no minimum investment requirementsAb Select Longshort is currently producing year-to-date (YTD) return of 18.38% with the current yeild of 0.01%, while the total return for the last 3 years was 5.8%.
Check Ab Select Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ASLAX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ASLAX Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ab Select Longshort Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Ab Select Longshort Mutual Fund Constituents
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| STI | Solidion Technology | Stock | Industrials | |
| DIS | Walt Disney | Stock | Communication Services | |
| CVX | Chevron Corp | Stock | Energy | |
| NOC | Northrop Grumman | Stock | Industrials | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
Ab Select Longshort Risk Profiles
| Mean Deviation | 0.3661 | |||
| Semi Deviation | 0.3406 | |||
| Standard Deviation | 0.5289 | |||
| Variance | 0.2798 |
Ab Select Against Markets
Other Information on Investing in ASLAX Mutual Fund
Ab Select financial ratios help investors to determine whether ASLAX Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASLAX with respect to the benefits of owning Ab Select security.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |